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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Sean W. Smith who wrote (8563)	9/8/1998 8:38:00 PM
From: shasta23	Respond to of 12039

Sean! What i still don't understand is the fact that the underperformance of the small caps was sooooo obvious and i still couldn't see it until it was staring right in my face. I wish i could learn these lessons in a more abstract way but it seems to me that i have to learn really everything through experience. An expensive way of doing things! On the other hand i always feel that these emotions just don't come out when i do paper trading. It's not the same! Thank god that the market was forgiving the beginning of the year with me breaking all the rules i even wrote down!Right now it seems to me that just applying the rules i know would be great and profitable. But there are always impulses making me break them rules. I guess these are the emotions Dave is always talking about, the weak link in the whole system and that's the point where i have to do a lot of work on. Stefan

To: Sean W. Smith who wrote (8563)	9/9/1998 9:48:00 AM
From: David R. Evans	Respond to of 12039

Hello Sean, Now there is some advise you can make money with...... Do not try to swim upstream when the tide is against you...... Go with the flow and keep it simple... You will be surprised how much money you can make buy just following the trend.. Dave Evans goinvest.com

To: Sean W. Smith who wrote (8563)	9/11/1998 8:39:00 PM
From: Nazbuster	Respond to of 12039

One thing for sure is that i learned the importance of the market. I was wondering why i was having difficulties making the profits i always read about until i looked at the chart of the Russ2000(i was trading exclusively small caps all year). I was doing the same thing. Now I look at market health first and then individual issues second... Sean, I'm real new at trading and TA, but one of the things I've learned is to believe what I see in the charts. I think all of us would have gone to 100% cash had we honored the charts in early August. I ignored it all. WRONG! All the TA in the world is worthless if we hang onto hope and fail to take action.